Wester joins Gulf & Ohio Railways
Gulf & Ohio Railways announced Jan. 11 that Michael Wester joined the company on Jan. 2, 2017.
Short Lines
AAR: total weekly U.S. rail traffic down 11.4%
The Association of American Railroads (AAR) reported Jan. 11 for the week ending January 7, 2017, total U.S. weekly rail traffic was 441,417 carloads and intermodal units, down 11.4% compared with the same week last year.
Cowen and Company: Perspectives from FTR’s Noel Perry
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according to Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. However, he is pessimistic looking out to late 2018 and beyond, noting a probable recession.
AAR 2017 outlook focuses on tax code and regulations
The Association of American Railroads (AAR) provided this 2017 outlook on Jan. 4:
SYSTRA appoints Rosenblum COO
SYSTRA announced Jan. 4 the appointment of Stanley Rosenblum as Chief Operating Officer.
AAR: 2016 down 8.2%; 2017 could improve
The Association of American Railroads (AAR), in reporting full-year 2016 traffic figures on Jan. 4, 2017, noted that there are signs of growth following two years of declines.
AAR: 2016 concludes on a positive note
The Association of American Railroads (AAR) on Jan. 4, 2017 reported total U.S. weekly rail traffic for the week ending Dec. 31, 2016 was 425,998 carloads and intermodal units, up 7.7% compared with the same week last year.
Executive Director of the Build America Bureau named
U.S. Transportation Secretary Anthony Foxx announced Dec. 30, 2016 that Martin Klepper will join the USDOT Build America Bureau (Bureau) as the initial executive director.
LRIW nature tour networking event at the NRC Conference
The League of Railway Industry Women (LRIW) announce a networking event and nature tour during the 2017 NRC Conference.
OmniTRAX Canada starts ownership transfer with Missinippi Railway Consortium
OmniTRAX Canada announced it has entered into a Memorandum of Understanding with the Missinippi Rail Consortium to commence the transfer of ownership in its Manitoba assets.